Report of the Trustees and
FlnAnelAI Ststements .
for tbe Year Ellded 31 December 2025
for
RC DIOCESE OF MOThERWELL
Charlty ￿Umber. SC011041

RC DIOCESE OF MOTHERWELL
Report and Financial Statements
For the ye4r ellded 31 December 2025
Index
Page
Reference and adnjinistrative detsils
Report of the Tr￿Ste85
Rq)ort of the Independent Auditors
Slal¢ment of Financial Activities
12
Balance Sheet
l3
Statement of Cash Flow8
14
Notes to the Financial Statements
15

RC DIOCESE OF MOTHERWELL
Reference and admini5trativc details
For the year ended 31 December 2025
Name of CI￿lty
RC Diocese of.MothenYell
Registered Chatity Number
SCOI1041 (Scoiland)
Principal OtTice
Dioceun CeDtre
Coursington Road
Motherwell
MLI IPP
Tn￿eS
Bishop Joseph Toal
Father James Thomson
Fath¢r Raymond Br¢slin
Principal Bankers
Bank of Scotl￿d
The Quadrant
Main Street
Coatbridge
ML5 3EO
Soli¢itDr
Mcsparran Mccormick
Waterloo Chambers
19 Waterloo Street
Glasgow
G2 6AH
Auditors
WDM Associates
Registered Auditors
Chartered Accountants
Oakfield House
378 Brandon Street
Mothmvell
MLI IXA
Website
www.rcdom.o
.uk
Pa8e I

RC DIOCESE OF mOTHERI￿LL
Report of the Trustees
For the year ended 31 December 2025
Introdu¢tfon
The Trustees of the RC Diocese of Motherwell present their report togeiher with the Financial Statements of the RC
Diocese of Motherwell for the year ended 31 December 2025.
Trustees
The Trustees are the Bishop by right of the Office. the Vi¢ar General of Motherwell and the Dio¢esati Treasurer who
are freely appointed to these Offices by this Bishop and become Trustees by holder of these Offices.
At the 3 1st December 2025 the Trystees were accordingly Is follows:
Rt Rev Jos¢ph Toal
Rev Ray￿ond Breslin
Rev James Th0n￿oll
Bishop of Motherwell
Vicar-General
Treasurer
The Trustees hold mwetings on a reguIar b8SiS to conduct the operations of Ihe c]wity and otherpolicies. The Diocese
has an ollgDing policy for training Trustees and are kept fully inforned of legislative C1￿1ge$ which affect tbc charity.
Sco e of the Flnanelal Ststements
The financial gtat¢m¢nts in¢ludc th¢ assets, liabiliti¢s and transaction8 ofthe following..
RCDio¢ue ofmotherwell Curiol Funds
Curial Funds are used to support the Bishop in providing diocesan and pastoral caTe and to meet the
costs of central administration.
ParochiaIFun￿-
The Parochial Funds are administ¢red by the parish priests. with guidance from the Curial Office, and are used
to ¢arry out th¢ work of the Church within local arcos and to help fund the Curial Office.
re
vernance and Manx
ement
Governlng document
Th¢ RC Diocese of Motherwell is constittted by its Deed of Declardtion of TrnsL The TnLStees named on page one
have served throughout the year or since date of appointrnent. Appointrnent of Trustees is gov¢rned by the tern)s of the
Deed of Declaration of TrusL The TrLtstees meet ai leait Six limes per year.
Oyganlsatlonal Strucknre
The organisalional stNcture of Éhe Diocese is headed by the Bisbop of Mothenvell itL accordance witb the law of
Church - Canon taw. The administrative and pastornl stsu¢ttJr¢s of the Diocese Ore described in the cod# of Catson Law
and th¢ books of Diocesan Stry¢tures.
The fifty seven parishes (excluding Mass centr¢a- aDd religious hous￿) arc establt5hed and operate under the Code of
Canoll Law (thB law of the Church) whlch confrrs on them separatc canonical slatus. rigbts and obligation8.
Management
The Bisliop has overall responsibility for the mallagem¢nt of the Dioces¢. The Bishop is supported ID his task of
gov¢rn4n¢e by ihe Diooesan Curia. Tb¢ Dio¢es2D Curia under th¢ modcratioD of the Vicar General adtnillisters the day-
to-day affairs of the charity from the r¢sistered offi¢¢. The Curik is mad¢ up of botb clerical and lay staff. Dioc¢san
poIIcTe$ are put in pla¢¢ in ¢ollsultstion with a nurnber of ¢(pmmittees. Canon I￿￿. nundates a Diocesw Financc
Cottlluittcc ¢onsistiJg of p¢ople skill¢d iti the &d￿t￿lstratiOn of goods. both lay and clerical. The Fin2n¢¢ Cornmittee
d the Fabri¢ and Planning Committc¢ ￿¢¢1 5evcn tiTlles eAch ycar 2nd rcport OD activities of the Diocese and these are
discussed and admce is given to thc Bishop and thc Tn￿le¢S COn￿rnIng their decisions. The Coll¢ge of Consultors is
consultcd on matters of major admini$tratÉv¢ sTgnifi¢ance.
Page 2

RC DIOCESE OF MOTHERWELL
Report of the Trustee
For the year eDded 31 December 2025
Key management personnel remuneratio
The tn￿(eeS consider the board of tnths as cozllpri5irig tbe key managem¢nt peJEonllel of tbe charity in charE¢ of
directing and ¢ontrolling the ¢harity and n]nning and operating the charity on a day to day basis. All trustees give of
their time freely and no trusl¢e receiv¢d r¢mun¢ratioTh Details of In￿te¢ expen5e5 are disclosed in note 9 to the
financial statements.
Ob'ectives and Activlties
ObJe¢tlves
Th¢ objectives of the RC Diocese of MotheTwell are defined in the Deed of Declarntion of Tn￿t and
include'.-
the advaticement of Roman C&tholic reIigion,'
th¢ iulvancement of educatio
the relief of poverty.
the cure or alleviation of sickn￿% and disease.
The policy of the Thstee5 IS to seek fJnon¢e ond support to assist its WOTk toward8 a¢bieving those objectives wrythin the
Diocese.
Actlvitle5
The Diocese continued to supw)rt Ibe parisbes of th¢ Diocese in thcir promotiDn of the advancement of r¢ligion and
education and ¢heir.w.ork towards the r¢lief of poverty and tbe alleviation of iliness withill the Dioc¢se. The publi
benefit provided by4th¢ Charity its¢lud¢s th¢ provision of religious ceremonies (such as baptisnts, wadings and
fLmerals), celebrating public Masses, ond providing 2nd maintsiningpl&ces of worship. There is also a benefit to the
general public as churches can be accesèed by peoplc of all faith5 and none, for PCTsonal spirilMal contemplation,
Parishes are commiiruties wbich contribute lo thc moral and spirits￿1 wellbeillg of those who partÉcipate. From these
ceutres ¢ducational, social and pasloTal Work is ¢aui¢d out as a pwti¢al expression of faitiL All of theso contribute to
the wellb¢ing of civic society ill our ¢oulltry.
Volulltsers
Special mention should be made of th¢ ￿nsIderable number of volunte¢rs wbo participat¢ in all &speGts of the work of
the DtoceJat] T[￿t as they seek to liv¢ out their Christian vocatioJL Without their active participation our Parishes, in
particular, would not fithctioTh The Diocesan Trnstees. Parish clergy and our employees are most gratsful to our
volunteers for giving the Church and the world so much time at)d effort. A typieal PaTish has between IO% 200/0 of
its Parishioners actively helping in all manner of voluntary roles from altsr servers to financial a¢eourntallts. Parishes do
not only look inwardly to their own needs. Many Parish volunteers give help to the 5icK elderlyy hom¢lcss and
disadvalltagcd io th¢ir local areas, and afield through their Parisb organi5ations.
Safegu&rdi]bg
An annual Diocesall and Parish audiL r¢vi¢wed by tbe Scotttsh Catholic Safeguarding SeTri¢e (SCSS) 2nd the
llldepcndent Review Group (tRG}, 15 unalys¢d and a r¢port on strcngths alld ￿'¢a￿¢s$¢S is fed back to the Diocese. All
Catholic Organisations, including the DioceEan Lourdes Pilsrin]age, SPRED and Aln]a, operdting withill the Diocesan
boundaries. complies with IN GOD'S I￿L￿GE. the Safe RecTuitinent Pro¢e8s. and is audited each year. The Diocese
has an establibhed safeguardillg st￿￿ture and governance with the Diocesazl Safeguarding Advisory GTOUP meeting
quarterly to aid the Bishop. The Diocesan Risk Assessment T¢arn meets as and when requiied, producing risk
assc58tnents and reconllnendations slith support from 5tatulory partDeTS. The Safe Recruitment Process is overseen
centrally at the Diocesan Centrc, with the Safeguarding Administrator as th¢ link for Parish Safeguarding Coordinators.
The Safeguarding Adviser contillues to att¢nd national meeliD&S and sUPPOrts th¢ national office in many ways.
Flnanelal Revleiy
The Tn￿tee5 &ro r¢sponsible for tb¢ cont¢nrs of the finaDcial stat¢mcnts, which Are prepared by the Dioce8e and audited
by WDM Associates.
Page 3

RC DIOCESE OF MOTHERWELL
Report of the Trustees
For the year eoded 31 December 2025
FIDxnclal Review
contin
The Parish accounts have been in¢luded in the Dioces8n fioallcial staternents to reflect th¢ overall finallcial positiou of
the Diocese, As requir¢d by charity &ccountsng legisllltio
inAnel41
The Thistees report a surplus of £509,885 on total Curial funds for the year (2024.. su4)lus £301.740) and a deficit of
£526,104 on Parochial fullds for the yw (2024- defi¢it *172,572). Curial nct cwreA)t assets wcre £5,515,033 at 31
Decemb¢r 2025 {2024.. £4,760.499) atLd Paro¢hi￿ llet ¢urrent assets w¢r¢ £11,317,760 (2024: £10,752,085),
Phro¢hial res¢Tves totsl £2l.783,128 Lt 31 Dece7nb¢r 2025 (2024.. £22.309.232) wlll¢h relate solely to the assets and
transactions of individual parishes. CuriAt reserves total £10,008.6l4 at 31 December 2025 (2024: £9.498,729).
Diocesan inconTr including th£ l¢Try and Special ¢ollectiOn tr￿￿fe[S from thc p￿l$heS was £2,267,756 in the year (2024.
£2,207,726) con]p8r¢d to exp¢Dditure of £1,857.575 (2024- £2.113.766). Much of tbe decruse in expenditure is
attributable to propety costs.
Curial incotne has been sutricielli this yw to meet the obligations faced by tbe Dio¢ese in relation to retired priests,
educatioll of semi]tsriallS and the adn)it)istrative costs of the Diocesan Office.
Paro¢hial income b&$ decreased £173,136. In 2024 St Columbkille's patith received a legacy of £526,134. There was a
in¢r¢ase iti coll¢ctions of £165,502 which is approximately 30/u. Special colle¢tions have in¢r¢ased £47.403 and otber
donations and fvThdraisin8 bave decreasd £84,865. Hall itieome decreased £18,614 from 2024.
Propety costs for both the Curial office and parishes have de¢rea8ed £971,239 from 2024. Of this £486.050 is related
to Decessary rtpairs and refurbishm¢nt works. Major renovations iookplace at Sacred Heart ill Bc115hill during 2024. St
CutlLburt's, Burnbank and St Paul's, Hatnilton were denlolishcd in 2025 &s they were surplwq to requirement and both in
poor state of rcpatr. Both 5iLs were sold foT so¢ial housing in July 2025. St Matys. Lanark has sutplus mnd and
continues to explore th¢ possibibty of land sale5 for 8wiaE housing.
Folltsw'ing our procurement Cxercise for banking sernices and the traDsfer of all curia and parish account to the Bank of
Scotland the ints￿8t income fron] dcposils has wady increased and chargcs have been kcpt low. The Financc
Departm¢ni now has the ability to monitor all accothts. P￿isheS are abl¢ to dovmload transactions from online
banking function for use in preparing their Annual Financial Rettwn. Bank of Seotiand offer a convenient way lo
deposit cash presently haling more br&llches than their competitors.
Surplu51lDeficit) on Curial Funds
The Dllin source of incoJDe for the Di0￿¢ is from ttLe parAshes through an annual l¢vy and Special Collections for
particular purp08¢s. In the year wider review, £1,496,044 (2024.. £1.476,103) ratsed ill levy and a further £315,644
(2024.. £301,463) was contributed through Special Colle¢tions. As the levy and s￿claI Collections are intra the charity,
i.e. bctween the Dioccse and the P￿lshe$. td¢y are includ¢d in the Yrallsfers be￿.¢¢n Funds linc of the Sr2tem¢nt of
Financial Activities.
The Cunal unrestrictcd fimd a SUTplus at 31 December 2025 of £2.860.590 aa increase from 2024 of £416,854. Of
tijis £195.475 is attributsble to unrealised gains OTh inve5irnents in th¢ year. in 2024 unrealised gains were £227.466,
In order to maintain the fmancial security of the Diocese for the future, it IS ¢Sbential that expenditure is continually
mollitored and Controlled. However to m¢et thcsc rising costs of our Con￿￿1t[nettts. the leycl of ¢ontribuuons from all
SOUTces including parisbes will also hav¢ to be continually reviewed and increased Our 10 year plats, Proj¢¢t
Wellsprill& will assist us with this.
Page 4

RC DIOCESE OF MOTHERWELL
Report of the Tru5t¢es
For the year ended 31 December 2025
GoiDg con¢er
The Trust¢¢s regard the ￿t￿re operation of thc Diocese as a goiug concern. C￿h beld in bank accounts is £7.68 million
and the investmellt portfolio totalted £1 1.48 million at 31 December 2025. Costs constantly monitored and illCOttLe
streams continue to be revi¢w¢d. locome is now appn)aching a return to pr¢pandcmic l¢vels althougb ther¢ has not
been A corresponding inGr¢as¢ in Mass attendances.
The largcst cost to the DI(￿-S¢ as L whole continues to be thc upkeep of the Dioccsan prop¢rties. The TnLStees have
re$olv¢d to ensure repain F/ill be considered very carefidly and ass¢ss¢d based OD the n¢ed for the Dumber of
churcheslprop¢rties currendy held and fiLnding sources available. Residential pmperties which become surplus to
requirements will be sold at thc carliast opportunity.
RevaluAtlon of property
Heritable ass¢ts includ¢ diocesan properties. parochial presbyterie5 and oth¢r parochial properties and sites 2nd are
valued by prof¢ssional extemal advisers every five yeaJ¥. Only nou-adjoined parocbial properties, excluding churche
i.e, parish halls, presbyteries and other parochial prtspcrties not phySi￿LIY joined to each other or to the church ar¢
valued. Inalienable and historic assets have not been capitalised as no reliable value Can be atttibut¢d to them. Our
insurers, Caibolic National Mutha], instructed Ftsher Gerniao Chartered Surveyors, to do a valuation exercis¢ on all
insured propery. These have now been compl¢ted kn provide a moIe ac¢watg reinstat¢m¢lll cost of prop¢ty.
Investment policy and perfornjance
The Trustees have power to inve81 in Such stocks, 5bares. iuvestrlleDts and property as th¢y see fil. It is th¢ Tn¢stees'
policy to inv¢st ID tbe Stock Market to obtain a balanced return combining capiral and income growth to protect the real
value of both capital and tll¢om¢. These inveStn￿ltS will se¢k to achieve this by investing in a range of ￿Sets suit8ble
for the investment of charitable monies, which will tske a¢¢ount of our ethi¢AI requirements. The Trustees will not
invest in anything that is contraryto the moral and ¢thi¢aI teaching&of th¢ Catholic ChurclL
1DVest￿ent policy and performance (￿lltinued)
The investm¢nts of th¢ Diocesc Tnclude a 42.150/u share (2024: 44.14Q/r*) in the National Conting¢n¢y Fund amounting
to £l1,048.939 al the end of tbe fmanoial year (2024.. £11.807,044). This fiu￿ is mana.
oed on Bn advisory basis by
independcnt professional investtnent managers stykbroker5 on behAlf of the Bishop's Confercnce of ScotiauiL The
Dioce8c also bolds unlisted investments of £4,0(M) (2024: £4.0￿> which are stat¢d at ¢osL
The valuation of the various portfolios at 31 D¢c¢mb¢r 2025 produced an increage of £409,716 (2024,. ill¢rease
£498,121). The National Contingency Fun(L whith is ￿￿￿ged by the"Bisbops' Conference of Scotland on behaif of
thr¢c of the Scottish di0￿￿e8. was responsible ftir most of the incr¢as¢.
During the year wider review £244,500 w&8 received as diVidet￿ from the Natio[￿1 Conting¢n¢y Fund (2024
£243,400). The costs of caring for our si& and r¢tir¢d ¢krgy in the year was £139.329 (2024 - £175,321). The surplus
of £68,079 will b¢ used for future expcnsc.
The Trustees bav¢ establi5hcd an Jnyestment Committee with th¢ purpose of advising them on th¢ perftsmmnce of tbe
investments that the Diocese have and ensuring that inv¢stm¢nt brokers are performing well. Thc con]rnittee
includes the Diocesan Treasurer, th¢ Finaoce M2n&ger and people with Televant knowledge and experience io th¢
investment fteld.
ReserYe5 policy
The intention of the Tn￿te¢S is to build up general reserv¢s to on equivalent of 6 months expenditure on unrestricted
fimds not designated for other purposes. This would provtd" sufficicnt filnds ty wntinue the current activtties of the
Diocese in the event of a significant drop in income.
At 31 December 2025 the balanee of gener&1 funds WAS in 8iJ]plus by £2,860,950. How-ver much of this due to the
prior unrealised gains on investments. The Trustees continue to tske sleps by preparing budgets for 2026 and 202; to
scrutinisc and funh¢r r¢du¢e costs tbrougbout th¢ Diocesc.
Page 5

RC DIOCESE OF MOTBERWKLL
Report of tbe Trustees
For ttte year ended 31 De¢eDther 2025
Diocesan And P&rlBh finance pomeles
Fr Kenneth O'Bri¢n. Canonic8L Advisor to the Diocese. at the reqllest of the Tn￿teeS and the Fill&￿¢ Co]llmittee. has
compiled new"Dioc&wi and Parish Finall¢¢ Police8". Th¢s¢ docutllents are WTitten to comply with both Civil and
Catton Law. They draw together previous policies that have been in pl&¢¢ and respond to th¢ ¢hanging circunjstances
Wlthin church and social life.
Below is th¢ foreword frotn Bishop Joseph Toal explaining the putpose and use of these Dew documerlts and policies..
9th O¢tober 2025
This do¢ument"Dio¢esan and Parish Finance Polices" 1$ the policy and guidance for the Diocese of Moth¢rwell at both
Diocesan and Pari$h level for maintaining the go(d governaDCC of the Church's Temporal Goods. It replaces all
ptcTrious policy aDd guidance issued by the DI0￿e.
As Bishop and Priests and oth¢r admillistrators of Pub]ic Juridic Perso￿, C8non Law entrnsts us with the good
Stewardship of the Temporal Goods entrnst¢d to us. We do not do this aloDe but witb the People of God, some of
whom take on the re5POtsSLbility of membership of FiDall¢e Committees of the Dio¢¢s¢. Parishtt and Public Juridic
P¢r8ons within th¢ Dioccse. I thank all these d¢dicatcd people for their time, ellcrgy and assistance, Canon Law r¢quires
every public jUTidic body to have a fmonce con)mittee bui leaves it to particular law to l¢gislate these committe¢$,
tberefore I decr¢¢ that this do¢ument thx$ Particular Law of the Diocese of Motherwell. It is hoped that this
do¢um¢nt is a living docun¢ttL alld over time sections will be cbanged to reflecr ¢utrenl pra¢lice and underst2nding. If
vou have any suRgestions for tllls docutnent do not hesitate to ¢onract the Diocesan Fillatice Office.
The Dioc¢sau Finance Offic¢ is also always ready to help any member of the clergy or rnembers of Parish Finance
Committce8 in any way that th¢y call. l thxjjk the Financ¢ Office for tbeir COTLtinued dedicatioTL
+Jos¢ph Toal
Bisbop of Moth¢￿ell
Following Conon 8 g2 ofthe Code ofcanon Law. 1983, thts document i¥promulgated on the Qth October 2925. by
being emaEled to all Priests. Deaco￿, and PttrL¥h￿ ofthe Diocese ofAlothen*ell, and by beingpubI￿hed on the
Dioc&yan Website. It will ttzke effectfrom IstJGnuary 2020.
Rev. James Aitken
Chancellor and Notary
Develo
ments
During the year we continued to invest in maintainillg the fabric of OUT 70 churches and parish houseg. Al 31st
December 2025, there were 57 parishes ill the Diocese, ai a result of amalgdmations which have taken place oY¢r the
last feB' years. The Bishop, assisted by his advisors, continues to look at how the needs of pArighioneTS are being meL
Taking into collsiderdtion the condition of Ihe fabric of buildiugs, thc fin4nciLI secuTity of tbe parish and tbe number of
regular attenders, difficult d¢cisions n]ay need to b¢ nwde about thc viability of churches or the need to amalgamate
Parishes.
Yovth Min15tr
LAiurdes Pl1￿l￿age- & very succes8fiJl ptlgrimage with amund 40young adlllts attending. Relationships were built with
the pilgrims and each othcr. They also Providcd entertainiiieEit for llights atld musi¢ ministy Lknxng Masses. There
were 6 leaders and they thoroughly ¢Djoyed thc experience and praised the youngp¢opl¢ for thcir out8tanditig
committnenL ¢fforts and representatiou of the Dii)cese.
SalamancA retreat- Another 6UC¢¢8sfill Called. arid Gifted Forn]ation and Rctr¢at during the summer. Therc wer¢ ov¢r
20 people itt attendall¢¢, niostly above the age of 20 yurs old. Thos pilgrimage wa$ an inlellse formation and requir¢d &
level of mahLrity aThd spiritsality. Thus, the retreat desiEtLed for a Sli￿t[Y older Eroup* Taor¢ like a retreat to allow
the young adults to dccply discern their calling aud their cbarisms. On their re￿rn they moved into ipplyitig their
CF￿18M$ in their parish cnvironmenL
Page 6

RC DIOCESE OF MOTHERWELL
Report of the Trustees
For tbe year ended 31 December 2025
Youth Mlnl
Post summcr- Post Lourdes and Salaman¢4 some yowig peopl¢ have fOrn￿d themselves.into a Music Group and some
have become active ill youth ministy in thtir parishes. They met in"Ortober for & mwi¢ practice and meeting to platt
their eontribution to the Nation￿ Family Conference and provide assistance wbere required. This specific group will
al80 assist as an advisory group to help us plan th¢ next ￿millg 5tep.$. for example. if they would like another
pilgrimage in the ¢omillg year.
l5k Mana
ement
I￿￿LIst risk mallagement can limit risk, it does Dot elimillate ti5E The Trnstees hav¢ assessed the major risks to which
the charity is exposed, in parti¢ular those related to tht operation and finances of the charity and are s&tisfied that the
systems iu pia¢e to nitigate exposure to thes¢ iisks are operattllg ¢ffethively.
The Trustees are awaT¢ of the need to review. Wate and and documentpolicies, procedures and guidanc¢ to enabl¢ the
efficient alld ¢ffe¢tive g0ven￿]ee of the Dioc&8e. The Trustees have est#bIished a folder which contains relevant
policie8 and pmcedurcs and which are kept under revi¢w.
Future Plllns and Develo
ments
Th¢ Dioccse continues lo promote the Gospel of Chris¢ in accordance wiib the tvdcbings of the Catholic Church, and to
cw out the mission of the Church throughout the Diocese of Motherwell. This will k caThied out through th¢
continuation of curr¢nt activities and the developtD¢nt of furtherpions to enable the work of the Church to b¢ fulfille(L
The Trustecs and their advisors continue to monttor the financial p051tion of th¢ Diocese to ensure that th¢ stewardship
of resources and th¢ availabillty of fiinds to mect conunitm¢nts is managed for the l(Trng t¢rni welfare of th¢ Diocese.
w￿.1St the Dio¢¢se,hos a large capitAI r¢quiremeni ov¢r the next few y¢ars. capitsl expenditure will continue to be
limited for Lll projects except essential maintenan¢¢ and health and safety projects in litt¢ with our t¢n year plau.
Llfeteen Day
We have been hearing wonderful news about how well the Ignite club that Father Micha¢l Kane has been nmning in his
pansh. In the same line, Father St￿￿ell8 parish has been nTnning Lif¢trcn and have fow)d it rcally beneficial amd so
would like to offer a Lif¢t¢en Day where oihet parish adults workitig wilb slighdy young¢r groups such as primary 6n
hool children or teenagers could come and benefit from learning about and to utilTse these resourc¢s. A Diocesan
Lif¢t¢en subscription for tbe year could help get these parish Aroups stanJ up.
Pro
ect Wells
Project Wellspring, a programme with sigllifiwjt focus on tbe pastornl actÈvities of parishes, continues to operate the
Diocese. It has beeu tailored to meet the needs of iDdivithial parisbes. It has been notd that there has been a sli￿t
increase in the number oEtbos¢ attending Mass on a regular basis.
Natiollal Schools Sln
ramme
The Dio¢¢se of.MoiheTwell continues to ttceive fimding from th¢ Hamish Ogston Foundation forwbich we are most
ateful. The piogramme has b¢etL a great success with s¢v¢ll primary schools participatitig. Feedback from the schools
has been very positiv¢. The children not only gain in stnging ability but klso in Confidence.
Statement of Tru5tees' Res
onslbllAtle$
The Trustees Are responsible for preparing th¢ Report of the Trustees and the financial statements in accord￿¢¢ with
applicable law and United Kingdom Generally Accepted Accounting Prd¢tic¢. The law applicabl¢ to charities it)
Scotland, the Charities a￿d Trnsiee Investmcnt (Scotland) Act 2005, the Cbartties Accounts (Scotland) Regulations
2006 (as amended) requires the TTUStee8 to prqTrarc financial statemenis for each financial yegr which give a trn¢ ￿d
fair view of th¢ Stat¢ of &ffairs Of th¢ Diocese and of the incoming resources and application of tesourccs, including th¢
incom¢ atsd ¢Kp¢nditure, of the Dioc&se of that perio
P8ge 7

RC DIOCESE OF MOTHERWELL
Report of the Trustees
For the year ended 31 December 2025
St4tement of Trustee$l Res
on81blIfties
In preparing these financi&l statEm¢nts th¢ TnLst￿g arc required to:
sel¢ct Suitable accounting policie8 and then apply them consislently:
observe the methods and principles in the Charity SORP.
make judgements and estimates that are reasonable and pruden
State whether 8pplicable ￿counting $talld8￿ have been follow￿ subject to any lllaterial departt￿eS
and explainecl in the f￿anciAl statemeiits:
preparc financial statements on th¢ going concern basis unless there Are indications to the contrary.
The Trnst¢es are r¢spon6ible for keeping proper acwunting r¢¢oTds whicb disclose with Teasollable accuracy at any
time th¢ fmancial ry)8ition of the ch￿lty aud to ¢nable them to eJ)sure that the fllmicial statements coll]ply with the
Ch&riti¢s and Trust¢e Investment (Scotialld) Act 2(K>5, the Charities Accounts (Scotlgnd) Regulations 2￿6 (as
amended) and the provisions of tbe Deed Df Declaration of Trnst. They ar¢ also responsible for safeguarding tbe assets
of the Diocese and hence for taking reasonable steps for the prevention and detection of fraud and other irregulariti¢s.
stitement 48 to disclosllre of information to auditors
So far tts the Trust¢¢s are aware, there is llo rclcvant audit tllforn￿tiOll of wbich the chan'ws auditors are uttaware, and
eg4ch Tn￿tee has taken a]1 steps that bc Ollgbt to have taken 2$ a Trustee in order to mak¢ himself aware of any r¢l¢vant
audit infornMtion and to estsblish that the clMrtWs auditors are aware of thai )nforn￿lI￿ll.
This rcport was approved by th¢ Trustecs oll 13th May 2026 and signed on th¢irbehalf by..
Bishop Joseph Toal
Trustce
Father James Thomson
Tn￿1¢¢
Father Raymond Breslin
Trustee
Page 8

Report ofthe Independent Alldltors to the Trurtees of the RC Dloeese of Motherwell
Opfinlon
We b8￿¢ audited the finan¢ial statements of the RC Dio¢e8e of Motherw¢ll for the yeor ended 31 Decemb¢r 2025 which
comprisc the Ststemcnt of FinanciaI Activities. tbe Balan¢e SheeL the CLsh Flow Stst¢ment and notes to the financial
8tat¢ments, illcluding a s￿￿}r￿ary of 5igtificant a¢couutmg policies. The fiJallcial'reporting framework that has been
applied in their prq)aration 1$ wlicable charity law and Lnita KiIigdom Accounting Stsndards (United Kll￿d0M
Gener811y Accepted Accounting Practice).
Jn our opinion thc fmancial statements:
give a true and fair view of the 5tste of the c]witys affairs os at 31 Dec¢mb¢r 2025 alld of its incoming r¢sources
and application of resoU￿e8 for th¢ v¢aT th¢ll ended:
have been properly prepared in aC￿[danCe with United Kingdom Generally Accepted Accounting Pra¢ti¢e' and
have been prepared in accordance with th¢ r¢quÈreroents of the Chatities and Tn￿tte Investment (Scotiand) Act
2005 and regulation 8 of the Charities AC￿ll￿ts (Scotland) Regul.ations 2006.,
Basis for oplllio
W¢ conducted our audil in accordance with International Standards on Auditing IUK) (ISAS (UK)) and applicabl¢ law.
Our rcspon5ibilitie8 under those standar(Ls are further descnl)ed in the Auditors, re5ponsibilitie5 for the audit of ihe
financial ststements sectioll of our report. W¢ ar¢ ind¢p¢nd¢nt of the charity in ac¢ordaDce the ethical
requirements that are relevant to our audit of th¢ finaocial slatemettts in the LK including the FRC'S Ethi￿1 Standard,
and we have fulfvlled our other ethical respoDsibi]ities iu accordance with the>C requiTements. We b¢liev¢ that the audit
¢vidence w¢ have obuin¢d is Sufficient and appropriate to provid¢ & basis for our opinio
Collcluslons relatlng.,to golng Concerll
tn auditing the financial statements, w¢ have concluded that the fJw4te￿, use of the going eoneern basis of a¢￿uMting in
the preparalion of theljnancial ststernents is 4ppropriate.
Bascd on the work we have perforni¢( w¢ have not idEntified any material ullcertainties Telating to events or conditions
that indtvidually or collectively. may cast significant doubt on the charitys ability lo continue as a goillg concern for &
period of at least twelve months from wben the fillaThcial stalements gr¢ 4uthori8ed for i88ue.
Our responsibilities and the resEM)nsibilities of the trustees with r&spectlo going concern are described in the relev8mt
s¢ctions of this rcport.
other Inform&tlon
Th¢ trust¢¢s are responsible for th¢ Dth¢r infomiatiOD. The other information coJnpriscs the iDforn]ation inGlud¢d in the
annual r¢por¢ other than th¢ fmanctal 5tatemellts and our Report of the Jndepcndent Auditors th¢reon.
Our opinion on the financial statements does not cover the other infornwtion an4 except to the extent otherwise
explicitly stated ITh our report. we do not express aThy form of assurance conclLLsion thereon.
In conneclion with our audit of the financial strdtements. our responsibility is to read the other illforn]ation in doing
so, ¢vnsider wh¢th¢r th¢ otknei infoTmation is materially inconsistrnt with th6 fllwlcial 8tatements or our knowl¢dge
obtsin¢d in the audit or otherwise appears to be matsrially misstated. If we identify such D]aterial inconsist¢tsri¢s or
apparent llHterial misstatements. we are Tequired to de￿rn)ine whether this gives rise to a rnatrr1￿ misstatement in the
rinallcial 5tatement5 themselves. If, bas￿ on th¢ work we have pCrforFne￿ we con¢lude that there is a Material
mi8ststsment of this Other inforn￿li0ll. w¢ ar¢ required to rcport ttLat facL We have nothing to report in this Tegard.
M?tter5 Ivhich Ive are required to report by exceptioll
We have nothing to i'eport in respect of the following matters where the Cbarities Accounts (Scotland) Regulations
2006 (as amended) requires us to report to you if, in our opinion..
th¢ infomation Biven in th¢ Report of the Trnste¢s is inconsistent in any mat¢rial r¢sp¢ct with the financial
staterneThts ', or
proper &c¢ounting records have not b¢en ke￿. or
the finan¢ial statements Are not in Agretm¢ut wilh the a¢wuntiDg records and r¢turns' or
we hav¢ not received all the infonnation aDd explanatiODS we reqllire for our audit.
Page 9

Report of tbe IndependeJ)t Auditors to the Trustees of the RC DAocese of Motbenveu
Responsibilltles of tru5tee8
As explailled more fully in the Statemellt of Tn￿t¢¢5' Res￿L$ibilitIes, the trustees are responsible f(Trr tb¢ preparatioii of
th¢ financial ststement5 and foI b¢ing satisfied tbat they give a tru¢ and fair view, aDd for such int¢rnul Control as the
trustees detennine IS llr¢ess3ry to enable the preparation of fir￿)¢101 statements that 2re free from material
mis$tatemell¢ whether due to fr8ud or error.
Jn preparing the flnancial statements. th¢ tn￿tee5 are TesEK>Dsible for a4sesstng the clwity's ability to contioue as a
going collr¢nL di5cIo8ing, as appli¢able. ll￿tten related to going concern and using th¢ going coneern basis of
accounting unless the trnstees either intend to Iiquid8t¢ the clthrity or to ¢¢as¢ operations, or have no realistic alteTnattv¢
but to do so.
Our respoD5ibilitles for the Audit of the Statements
We bave becll appointed as audito￿ under Se¢tioll 44{1)(c) of the Charities and TnLSte¢ Inveslment (ScOd￿d) Act
2005 and report ill a¢¢ordaDCC with the Act attd relevant reEulAtiolls mad¢ or haviDg effect thereuttder.
Our objectiv¢s are to obtain r¢asonable assurdnce about whether ttle finatLCi8] slotem¢nts as a whole are free from
MAt￿la1 misstatemen¢ wh¢th¢r due lo frdud or uror atLd to issue a Report of the Ind¢p¢ndent Au(titors that includes our
opinion. Reasouable 8SSUTance is a bigb level of &4suraTh¢e. but it is not a guarantee that an audit cottducted in
accordance with ISAS (UK) will Always detect a material nJbststem¢nt wh¢ll it ¢xists. Misstatements can arise from
fraud or error and are ¢onsidered nJat¢rial if, individuallv or in th¢ agggr¢gat¢. they could reasonably be expccted to
iL￿U¢ll¢e tbe economic decisions of users tskcn on the basi5 of these financial statements.
The extent to which our pro¢¢duTes are capabl¢ ofdetcctitis irregu]arities, including frau4 is detailed b¢low'.
We obtsin alld update our understanding of the entiry. ILS activities. tts Control environmenL and ]ikely ￿tUre
developments, including in relallon to the legal and r¢gulatory framework Applicable how the entity is complying
with that frathewoTk. Based on this understrndiDg. w¢ identify and ass¢s$ th¢ risks of material misstatejnent of the
finaJ)ctAI statements, whether due lo fraud or ￿Tor, design and p￿Or￿ audit procedures responsive to those risks, aud
obtain audii evidence that is sufficient and appropriate to provide a bgsis for our opinion. This includes cojjsideration of
the risk of acts by thc cntity tlTrAt wtr¢ colltrary to appli¢abl¢ jaws alld regulations illcluding fraud.
response to the risk of irreEu]arities and uon-compiiance with laws and r¢guIation4 illcluding frau￿ we designed
pro¢edur¢s whicb included..
Enquiry of manag¢ment and tbose char(ved hith governattce around actual and potentiat litig&tioTh and clainLS as
well as a¢tual, 8U5pect¢d and alleged fraud,.
Assessing the extent of compliance th¢ laws and regulations considered to have a direct Materi￿ effect on the
fu￿n¢T￿l stat¢ments of tbe operations of th¢ entity. through enquiry and inspection,.
Reviewitig fllwicial $tatem¥nt disclosur¢s and testing to 8UPPOrting documentsuon to assess compli&nce with
appticable laws and regulations.
Perforn]ing iudit work over tbe risk of maoagement bias alld overrAd¢ of ¢ontrols, includi]iE testing ofjourn
entries and other adjustmcnts for appropriatcness. evaluatillE the business rationale of signific￿t transactions
outside thc normal ¢ourse of business and revi¢wing accountitsg estimates for indicator5 of potential bias.
Because of the inherent limitations of an audit. there is a risk that we will not detect all irregularities, including tbose
leading to a material misstatement in the f]nallcial statements or non-eompliance with regulation.This risk incteases the
mor¢ that compliancc witb a law or regulation is removed from the events and tranwtion) reflected in the financial
statements, as we will b¢ less likely to become aware of inytances of non-compliance. Th¢ risk olnot dctccting a
material mi8sthtem¢nt resulting from fraud is higher than for one r¢sulting ftom ertor, a& fraud may involve collusion,
foYg¢ry. intentional omissions, misrepresentstions, or the ovenide of illternal control.
A further description of out responsibilities for tbe audit of the financial.statements is located on the Financial
Rcporting Council's w¢b8ite at wNvw.frc.org.uWauditorsresponsibilitie5. This de5Gription fonns part of our R¢port of tb¢
Independ¢nt Auditors.
Page 10

Re￿rt of the Independent Audltor8 to the Trustees of the RC.Dlocese of Motherwell
Use of our report
This report 18 nthe solely to the charity's tru8t¢es. as a body, iti accordatLce with section"44 (1)(c) of the Clwities and
Trustse Investsnent (Scotland) Act 2005 and rcgulation IO of the Charities Accounts (Scotland) Regulations 2006. Our
audit workhas been undertaken so that migbt state to the charity's tsust¢¢s those matters we are requtred to state to
them in an auditors'yeport and for no other puryose. To the fullest ext¢nt perniitted by law, we do not Accept or 88sume
responsibility to wyone other than the cbaJity and.charitys trustees as a body. for our audit worl.. for this report, ot for
the opinions w¢ bav¢ formed.
WDM Associat&s (Statutory Audilors) .
Chartered Accoullt￿ts
Eligibl¢ to act as an auditor in ternis of section 1212 of the compani￿ Act 2006
Oakfield House
378 Brandon Street
Motherwell
MLI IXA
Date,, 13th May 2026
Page 11

RC DIOCESE OF MOIHKRWELL
St#tement of Flnanclfjl A¢tivltt¢s
For the year ended 31 D¢tember 2025
atii
Fujds
P8Tochi
Total
Totsj
Funds
3111212025 3111212024
T￿1
Restricted
Fullds
FuJds
Notss
tncomg #nd Endowments from..
DO￿tiOnS ￿ leg&ci¥
Other Irading activities
Invrstmellts
other
106203
106203
7,567,354
1?39293
312.894
19.600
7.673,557
1.939293
637.202
45,157
7,994.520
I,B35,465
579,314
33,138
79.695
25.557
244.500
113
324,3Q8
25.557
Totlll Incothe
211.455
244,51)0
456,Q68
9.839.141
10 295,209
10,442.437
ExpEndlture (bTL.'
RJisin8 fuods
C]witsble &ctivitie
777.055
8,086514
777.055
9.944.089
789268
10.936,964
1.857.575
1.8S7,575
Total espettdlturé
1.857575
1.857,575
8,863,569
10.721,144
11.726,232
Net kneomellexpelldytyrel and net
movement ill fulld8 bofore and
JDS8Qg InvestmeRt5
(l.646,120)
244,500
.113 (1,401,507)
975.572
1425,935} (1.283.7951
Netgainslllossesl on inwtsnettts
12
195,475
214241
409,716
409,716
498.121
Net In¢oD)eleKpeThdlture
1,450.645
458,741
113
15,572
16.219
785 674
Trlnsltrs bétweett fvrtd5
Leysnd Sp¢¢ial Colloclio]L8
Othcr (ransfers
18
19
J.811,688
48.674 {2445￿￿) (114.1861
1,811,688
(310.012)
(1,8ll,688}
310,012
1,860,362
24JlX)
114 186)
1SOJ.676
IJOl,676
Othtr reeognlsed £￿￿￿00￿Ésj
CainOllosses) on Kevaluation of
fLxed ass¢t8
914,842
Net llbovemenÉ Ill fuBds
409.717
214241
(114,073)
509.885
(526,IIMI
(16,219)
L29.168
Recon¢511Atlob ofFund&
Total FuDds brought fotW4Td
2,786.192
Q211552
499,985
9,498.729
22.309232
31,807.961
31,678,793
Totnl Fullds carrled forward
3,195,909
6.426.793
385912 10.008.614
21783,128
3L.791,742 31,807 961
Th¢ ttot¢s f(tmpart of these fitian¢ial 5tateo)ettts
Page 12

RC DIOCESE OF MOTHERw￿LL
Balance Sheet
As at 31 December 2025
Curial
Paro¢hial
Total
31112f2025 3111212025 3111212025
Total
3111212024
Nots8
Flxed assets
Tangible ass¢ts
Investm¢nts
1,735,493 10,465.368 12,200,861
11,487.240
11,487,240
13222,733 10,465,368 23 688,101
13,333.521
12,056,858
25,390,379
12
Current ass¢t&
Debtors
Short teLin deposits
Cash at bank and in hand
13
4.330.318 8.720.176 13.050.494
12,774,968
1.724,059 5,958,793
6 044,377 14,678.969 20.733J46
7.682,852
6,975,497
19,750.465
Liabllitle$
Credltors fallln% due wlthlu one year
14
539.344 3.361209
3,900,553
4,237,881
Net Current h55ets
5,515 033 11317 760 16.832,793
15,512 584
Totsl agsets lesy current liAbilitles
18.737,766 21,783,128 40.520,894
40,902.963
Liabllitles
Amounts fall1￿g due after more 0￿e y￿r
15
(8.704.152)
(8.704.152) (9,070,002)
Provlsioll for llAbUlde$ ch*rges
16
(25.000)
(25,000)
{25,000)
L¥et #$sets
10.008,614 21,783.128 31.79L,742
31,807,961
The funds of the ¢h&rity
Unr¢8trictcd funds
Revaluation reserve
D¢signated fulldg
Restricted funds
17
17
17
17
2.860.590
2,860,590
335,319
335,319
6.426.793
6,426,793
385,912 2L,783.128 22,169.040
2.443,736
342,456
6.212,552
22,809,217
10.008,614 21,783,128 31,791.742
31,807,961
Approved by the TTUStees on 13th May 2026
Bishop Joseph Ti>al
Tru81ee
Father James Thomson
Trust¢e
Fath¢r Raymond Bresli
Th¢ notes forn) part of th¢se financt&l statemellts
Page 13

RC DIOCESE OF MOTHERWELL
StatetneLt of Cash Flows
For the year ended 31 DecembeT 2025
Note
3111212025 3111212024
Net cash used in operatlng Actlvities
Reconciliation of net incomelexpenditut¢ to net
cash flow fro￿ operating activities
21
Net movement in fimds
Adjustments for:
tnt¢resi received
Dividends received
Rent received
Depreciation charge5
Gain on disposal of assets
Net (gains)Ilosses on investments
Decrease/{increas¢) in debtOTS
(Decrease)lincr¢ase in Greditors
(16,219) (785.674)
(217,546) (194,165)
(265,166) (261,893)
{154.490) (123,256)
264,616
264,245
{248,756) (218,757)
(409,716) (498,121)
(275,526)
423,485
(703,178) (68.940)
Net cash used In operating actmties
2,025 981
1,463.07
Cash flows from lllvestlng adivltie$
22
Interest received
Dividends received
Rent received
Payrllents to a¢quire fixed ass¢t investments
P&ym¢nts to acquir¢ tangible fixed asset5
Receipts from salcs of t￿gible fixed assets
217.546
194,165
265.166
261,893
154,490
123,256
(20,666) (18.493)
(lJ98} (13,553)
1,118,198
708,757
Net cash flows from iDve$ting actlvities
2,733,336 1256,025
Ch#ng¢s tn cash and cash equlvalents in the year
707,355 (207,051)
Cash and cash equivalents brought forwanl
6,975,497 7,182,548
C*$h and cash equivalents carried torn#rd
23
7 682,8)2 6.975,497
The notes fonn part of these fm8ncial statements
Page 14

RC DIOCESE OF VIOTHERWELL
Notes to th¢ Financial Statements
For th¢ year ended 31 Decernber 2025
l Accountlng Policles
of prep&r8tion
The finAnci& si8temenl$ have beenpr¢pared under the bistoric cost eoTrvention, with the ¢xception of some heritable
property and illvestments which are included At frdir value. Th¢ fiDallci￿ stathe4rts hav¢ b¢¢n prepared in accordan
with the Charities SORP (FRS102)" A¢¢oullting atsd Reporting by charities: Statement of RecOnllll¢nd￿ Practice
applicable to charitie8 preparing their accounts it) Bccijrdance with the Fi]￿}cIal Reporting stalldard application in the
UK and R¢publ:'c of Irelaud IFRS 1021 (effective l January 2019)". Fillancial Reporting Srandard FRS102 Thc
Financial R¢portinB Standard applicable in tbe UK and R-publ&C Qi ￿e[￿nd, Ihe Charities and Try￿e¢ [nveStsn￿t
(SCotI￿￿d) Act 2005 and tlke Charities Accounts (Scotlalld) Re￿lIAtionS 2006 (as amended).
The RC Diocese of fvtotherwell constitutes a public benefit ￿ d¢fmed by FBS Iff2.
Going Concer
Th¢ Trust¢¢s hav¢ reviewed the DioGese's annuol budget and plans And b2v¢ no reason to believe that a m8teriaI
uneertainty exists thrtt tllAy ¢aSt siguificant doubt about th¢ abiiiry of the Diot&8e of Motherw¢ll to wntinue as a going
concern. The Trustees believe there are adequaie r￿0￿reeS to contiDue in opetational exrstcnc¢ for the foreseeable
future, being a p¢riod of12 months after the date of whicb the report and fiDancial statenwnts are sign¢d. Thus they
ontinue to adopt the going Concern basis of accounting ID preparing the aDnual fiDaJJcial ststemetsts.
Parlshes
The parishes of the Diocese ore established and operate under th¢ Chur¢h'$ Code of Canon Law which confers on them
separate C4Lnonical statU5. Parishes are now accounted for within rhe financi21 statrmcnts of th¢ Diocese, but their
distinct canonical ststw explains the columnar approach taken iti these financial Stat¢￿ents alld the classification of
parish ￿$¢t8 ind liabilities as r¢stri¢ted fimd5.
liThilst the parishes aCCQLmt for illcojne and expendintr¢ on a cash basiB. adjusttDents ate nTrde by the Diocese to
incorporate accruajs and deferrals prior to inclusion ill the fJnaneia] stAt¢ma]ts of thc Dioccsc.
TransactioDS beiween parishes &nd the Diocese are accounted for as tronsfers between fi￿dS in the Statement of
Financial Activities. These transactions Hre principally the annual a[[￿U￿1 levicd to cov¢r c¢ntral costs and amounts
collected by parishes and p￿(d on intactto the Diocesc for suchpurposes as th¢ Trustr¢s p¢riodically nominE4te.
Income TecogDition
ID¢om¢ is rccognis¢d in th¢ y¢ar ill whiclt th¢ charity is cutitl¢d to receip( it is probable that the illcome will b¢ received
aud the arlloullt be measured r¢15abty. Ile following Specific poIicies are applied to particular cltegories of ill¢omv'.
Offertory Ineome, Speeial Couections #nd donatlons
Offertory income, Spxial Coll¢ctiODS dollations arc cr¢dited to the Statemeot of Financial Activities in the year iti
which they aT¢ rcceivable. Do￿at￿ Eifts ill¢lud¢d ￿ the value to the ¢haTity wbere this can be
quantified. The v¥lue of servi¢¢s provided byvolunte¢ts h25 not been includ￿ in these accounts.
Lega£le$
Lcgacics ar¢ crcdit¢d to thc St&t¢mcnt of Financial kntivitics oncc the charity I￿ beeTr advised by the personal
representativ¢ of an estate that paJTDent will ￿ made and the amount involv¢d ¢aD be qllantified.
Grallts
ar¢ credit¢d to tbe Sthtetnent of Finlltsoial Activities in the yw in whicb Ibcy arc rcceiv8ble.
Investment Income
Dividends #nd oth¢r investtn¢nt income kr¢ recognised when w¢ivable. Int¢rest Oll fill￿8 h¢ld on d¢po$it is itt¢luded
wherj receiv&bl¢ 8nd the amouttt Can be medsllred reliably by the charity, tbis is norrnally upoll notific8tiotL of thc
interest paid or payable by the banL Dividends are ￿ognised once the diTridend kas been declared and notific*tLOII
received of the dividend due. This is normally upon notification b}. our inYesLment advisor of the dilidend Jryeld of the
investment portfolio8.
Expenditure re￿gnition
Bxpenditure is T￿￿g￿lS¢d on accnwl b88iS as A liability is incurro]. Bxpenditure include5 any VAT whioh c8mlQt be
fully recovered tttKI is reported 88 part of tbe expeudittwe to wbich itrelates.
Pag¢ 15

RC DIOCESE OF MOTHERWELL
Notes to the FInao¢lAI Statements
For tbe ytar ended 31 Decembtr 21125
l Accounting policl
AlloeAdon of 511PPOrt and governHnee costs
Support and gov¢rnaDce costs r¢l&ting to charitable activities have been all(wited all￿ng Di0¢¢8an, Nationwl wnd
Parochial &ctivffitics, Governan¢e ¢08ts are 8ll¢xatcd by tÉme 8P¢nt. Th¢ apportii)tllll£nt 15 in note 7.
Co$ts of ralslJ)g funds
Costs of rai$tttg funds CODSiSt of thos¢ a&8ociAted with genrrdting Éncome.
Charitsble activlti
Charitabl¢ &Gtivitscs in¢lllded expenditur¢ 8850ciated with m¢eting the Diocese's prin)8ry objectives and inelude botb
the direct costs and the support ¢O$ts relattn8 ty those activities.
Tangible fjxed assets
Heri¢abl¢ properties aT¢ initially recognised at cost and syb5¢qaently measured at their fatr value at th¢ balance sheet
date. Propcrties &r¢ rev&llled by PTof¢ssional exlemal advis¢rs every 5 years. The W[pl￿eS or deficits on revaluation
are tratsgf¢rred to the rele￿It fimd to vhjich the asscts retate. namely desikmated, r¢$tricted or unrestii¢t¢d.
Depreclitlon
Depreciation is pIovide41 at the followingAnnual rates ID ord¢r to write off &8set ov¢r its e5timateduseful lif¢.'
20/0 straight fine
2￿/0- 330h $traigbt Jine
251Tr/0 rcdvcing bslance
Herttsbl¢ prop¢rty
Furniture, fittillgs alld equipment
Motor vehicles
Investments
Listed invest￿ettts &re a forTll of basic fwall¢ial iDsttimieDt and 8r¢ iDIttBllyrecog￿1sed &t their transaction value and
subsequently measur¢d at tbeir fait valu¢ &t the balance 5h¢¢t dat¢ the closing quoted n]arket priee. Th¢ Statement
of FIr￿￿etaI Activities includes Ébe ll¢t gains and losw arising on revah￿tion and dispo8ats throughout tb¢ year. The
investtnent in the Catholi¢ Nitiottal Endowment Trnst 4 is included on the balan¢e 5hEet at the Yalue of the Diocese's
share of lh¢ r¢sen'es ofthat investtnent at thc balance sbeet dat& Unli$￿1 inv¢sttnents are included On tbe balance
sheet ai ¢osi less in]pairrnent.
Debtors
Tradc 2nd other debtors ar¢ recognised li the sett]ement WDouui due. ￿epaYMents are valued at th¢ amouDt prcpaid n¢t
of ally discounts due.
C8sh gt bAnk and in band
Cash Bt bank and cash inhand includ¢s c&8h and short term higbly liquid investments with 4 short maturity of three
-nino of th¢ deposit or srmi18r account.
tnonths or less from the date of acquisition or oD-
Creditors
creditors ue reco8Dised where the clwity 1￿ & pre8e])t obltEation resultillg from a past ¢Yent that will probably result
in the transfer of fjmts io a thiId party alld the arnount du¢ to seule the obh'gation c4n be jneaawed or estimat¢d
reliably. Creditors are nonll8lly rteognised at their S¢ttle￿￿t amowtt aft¢r allowing for aDy discounts due.
Realised gAin$ losse5
All gains and losses are takeD to the Ststement of Financlai Activities as th¢y ari8¢. Realised gains and losses on
investments arc calculatl￿ as thE difference b¢tw¢¢u $￿e5 pmceeds and their O￿ll]ng canying value OT pu￿bas¢ value
of aCqUiTed subsequent to the fjrst day of thc financial year. L'nTealised gains and Iossc5 are calculatcd as tbe differen¢e
between ihe fair value at the year end and their carryiDg value. Re81ised.and unreahsed illvuttllent gdins aDd losscs are
eombined ID the Stst¢wcnt of FEnaneial Activities.
Pensions
The Dioce$e operntcs a defilled contribution pension scheme. The 45s¢ts ofth¢ S¢hell￿ are b¢ld %par&tely frojn those
of the Dio¢¢se, being iDvegted with insurallc¢ ¢ornp2nies. Ptnsian costs charged iti the Statemetsts of Financial
Activities Tepresent the contributions plyable by the DIoC￿e in thc year.
Page 16

RC DIOCESE OF MOTHERIryEtL
Notss to the Flnanclal Statements
Vor the yeAr ended 31 December 2025
l Accoulltfittg polieles
Fund A¢couDtithg
Unrestri¢ted g¢neral fimds are those which ate available for us¢ at the 4i8cretioJL of the tristees in furthcrance of the
Dbjects of tbe eh&rity.
Designated are finds set asidc by the Tn￿teeS out of uJtrstricte(l fi￿￿9 for specific fikn purposes or prOJ￿ts.
Restricted funds are futxls which are to b¢ uscd in ac￿rdanCe with th¢ spxifi¢ ￿StrICtl0￿5 imposed by donors OI which
bgve been raised bythe charity for 8 pÈrti¢ular puryosc.
Full details of the fvnds are in¢luded in Dote 17 to the financial'stAt¢w¢uts.
2 Income from donAtlon8 and leg4cles
ial
Curt
P8rochiaJ
Restri¢t¢d Lnrestricted Restri=ted
Funds
Funds
TotsI
2025
Total
2024
Offerings
Gift Aid Scbeme repayments
Special ColleetLons
Legacies
Other donations
Votive candles
Grants received
5,224211
812,140
696,691
60,625
467,553
275,888
30,246
5,224,211
813,289
696,691
60.625
572,607
275,888
30.246
5.058,709
775,140
649,288
547,777
585,313
296,557
81,736
1.149
105,054
106.203
7,567,354
7.673 557
7,994 520
3 Income from other trAding activitles
Patochial
un￿wI¢led Restricted
Fun
Futs(ts
Tothl
2025
Totsl
2024
Hall itictsm¢
St￿1
Genernl thndraisiug
1,227,799
239,263
47L231
1.227,799
239,263
472,231
1939 293
1,246,413
206,872
382,180
1939,293
1,835,465
4 lllcome from knvestmellts
Curi
Curial
C￿1
R￿Tl¢t￿ Unre$trict¢d D￿1￿llated
Funds
Funds
Funds
Parocbial
Restricted
Total
2025
Tots]
2024
Rent received
tnterest r¢ceived
Divid¢iids r¢c¢iY¢d
CNET4 divid¢nd
16J12
42,717
20.666
138,178
174,716
154,490
217.546
20,666
244,500
123,256
194,165
18,493
243,400
579314
113
244,500
113
244,SIM)
637,202
Page 17

RC DIOCESE OF MOTHERWELL
Notes to ¢h¢ FlnAnclAI StstemeDts
For tkne ye4r ended 31 Deeelnber 2025
5 Other Income
Curial
Parochial
Ljjrestricted Restricted
FuDds
Total
2025
Totsl
2024
Religious education
(lther income
25.557
6,612
12,988
32,169
12,988
19.471
13,667
25,557
45,157
6 Ixpenditsre on ra15ing funds
Parochial
L'nrestricie4J Restricted
Funds
Fwjds
TotAI
2025
Total
2024
Hall expenditure
Staff costs
Stall
General fulldraising ¢osts
396,778
156220
148,905
75.152
777,055
396,778
156,220
148,905
75,152
777 055
408,762
149.729
178,535
52.242
789 268
7 Expendlture on Charttsble Activlttes
National
Acfivities
Paro¢hi81
Activities
TotaI
2025
Total
2024
Acttvities
Education fortlltstion
Seminori¢s and Pem)an¢nt Diaconate
Pastoral serrices
Retired priests
Spccial Collection5
Special CE
SafeguaTding
Staff cost8
Property costs
Poor Clare proj¢ct
Computer costs
L)wreciatio
IGaiD)Aoss on disposal of assets
Admillistratio
Catholic Diocese Healthcare Trust
National singing prograrThme costs
Pl1￿LMageS
Prof¢ssional fees
Auditor's r¢muner&tion
Donation$
Retumed dollation Knigbts of St Columba
Otber
127,193
75.062
54.032
181225
75,062
880,901
139,329
551,891
79,869
50,194
,068,638
5,064,831
118,576
21J39
264,616
(248,756)
843,406
35,805
1,503
120,016
137,462
159,508
144,030
831,746
175,321
536,418
99,271
52,776
1,078,131
6.036,070
325,024
26,382
264,245
(218,757)
844.781
29,760
159.135
721.766
139,329
196.709
355,182
79,869
50.194
425,265
64,085
118,576
21,339
42279
643,373
5,000.746
222.337
(248.756)
769,861
73.545
35,$05
86250
75,141
20,784
20,800
33.766
62.321
12,804
149.189
162,338
147,555
44,799
110,280
34224
158,639
169,989
162,338
192,267
44,712
203,198
1,501,731
355,844
8,086.5 14
9,944,089
10936,964
Page 18

RC DIOCKSE OF MOTHERWELL
Nol¢$ to the FinAlleixI Statements
For the ye4r ended 31 D¢¢ember 2025
8 ADAly$i$ of Start C08ts And Remulleratson of K¢y MRn*zement PeTsoiinel
2025
2024
Curial
Salaries and wages
So¢iAI s¢writy ￿$ts
PeThSion.￿sts
471.226
49,192
28,578
548,996
799,593
475,271
39,709
27,664
542,644
Wages and salaries- PATi8he$
81M.383
1347 027
The av¢rage mOn￿Y llumb¢rof employrts during th¢ y¢ar i￿S
129
141
The above nurnbers include lay people, piie5ts and religiou8 Sisters. Priests ￿ perform administrative duties for the
Diocese do not receiye Temunerdtion foI their services.
The Charity considers its key managemellt personnel comprise5 the TnLStees. Remuneration of th¢ Ttwtees is det&iled
in note 9 to the financial strdtements.
The nunther of employee4 whose employee b¢Defits {excluding ¢nwloyer pension costs) exceeded £60,000 was,.
2025
2024
£60,001-£70,QOO
£70,001-£80,000
9 RemunerAtioll ofTrugtees
The three Trustees of th¢ Diocese recetve no remuller4tioTh for th¢tr as Tntr5. AJI of the Trustees 8re clergy
of the Diocese and, as such, are housed. TemunETat¢d alld ￿]MbU[SCd ¢Xp¢n&￿ for carying out th¢ir D]iuistry" in the
same way as other priests of the Diocese. iu accordan￿ with the codt of C&D(m Law. Th¢ Ch￿ltieS and TrLJSt¢¢
Invebtn]ent (Scotland) Act 2005 aDd The ClJariti¢s kncounts (Scotland) Regu]Ations 2006 require diselosure of
remuneration expenses paid lo Tn￿te¢S ÉD Trth&t¢vcr c&pa¢ity. The total r¢mun¢rntion paid tr) th¢ Trusl¢¢s ￿￿OUnt
to £Nil (2024.. £Nil) and tbe totaI costs of a£coD)tnodation and reiD]bursemcnt of ¢xp¢nsu ￿￿ollILtcd to £55.544 {2024..
£55,378).
The Diocese h￿8 insurJn¢e to proteth th¢ Diocese from loss arising fro￿ lleglect or default of its TTUStees insurance
to indtrmllify thc TTUSte¢s against COD5eqllences of neglect or default on their parL
10 Audfitor'5 remuDeratloD
The auditor's r¢muTLcration constituted audit (c￿ of £33,588 (2024- £34,224) and additio[￿[ accountancy work of
£13.356 (2024-£12.714).
Page 19

RC DIOCESL OF MOTHERWELL
Notes to the Flnallclal Stxtements
For the yeAr ellded 31 Deeember 2025
11 TAttglble Fixed Assets
CuriaI
Parochial
Furnitur4 Furnit[￿¢,
H¢ritable Property
fiYÉDgs, vehicles fillings &
Parocbial & equiptnent motor vehicles
Total
C05t or VAlu*tlon
At l January 2025
Addiiions
Disposals
Revaluation
1,831.400 11,999.842
136,774
1,398
18,126
13,986,142
1,398
(891.842)
{891.842)
At 31 Decemb¢r 2025
1,831.400 11108 1)(K>
138.172
18.126
13 095,698
Depredatlon
At l Januery 2025
Provision
On di8POBal
At 31 Dw¢tLther 2025
73.256
36.628
443,4(K)
222.160
{22,400)
643.160
118,544
5,651
17,421
177
652,621
264,616
{22,400)
894,837
109,884
124 l95
Net Book VAlue
At 31 Deeembu 2025
1.721 $16 10,464,840
528
12 200 $61
At 31 Decemb¢r 2024
1,758,144 11,556 442
705
13
33,521
DM Hall LLP, Chartered Surveyors Were appoiDted to perfornivaluations of relevant diocesan and parochial properties
and sites for th¢ year ended 51 DecembeJ 2022. DM Hal] gre independeut quaLifi¢d surveyols and thts is tbeir secowl
tenn of 4ppointtnent. The total f¢es paid by tbe Dioc&se in respect of the valu8tton work are D]inin￿l in tern￿ of the
oveIall turnover of DM Hall LLP.
Th¢ b&8is for all valuation is fairvalue as per. V4IuAtion Practice Statement 4.1 of thc RCIS Valuation- ProfcssioAal
Standards, updated and published January 2023 Blld as described by th¢ Int¢rnatioDtl v￿￿allOn Stalld&rds. ttL
deterniining the fair value of each of th¢ properties and site4 the 'eoTllPArative' principle" of valuation ntrthodology
was adoptal. The date of val￿tiOn is 318t December 2022.
All diocesan properties and sit¢s were ittcluded in the v8h￿￿onbut only llDn-adjoined parochiai properties, rxcluditig
hurcSes' i.e. pari8h ha115, presbyteries and othcr parochial properties not phYsI￿llY join¢d to eadj other or the church,
wer6 included, together parish sit¢s.
The heritable propErty figu￿$ stated above for cost or v&lll8tion include land and hcritable propeity as follows."
2025
2024
At valu8tion- Curial propertie8
1.721,516
1,758,144
At cost- Par￿11121 properties
At valuation- Paro¢hiAI properties
10,464,840
12,186 356
11,556,442
13 314 586
If certain fixed assets b¢longiug to the Curial Office bad ttol beett revalued tbey would have b¢¢n irtcluded on the
historical Cost basis at th¢ following amounts..
2025
2024
Cost
Accumulated d¢prectation
1,867,835
(502,516)
1,867,835
(465.162)
1,365,319
1402,673
The above cost figllre.$ do not include the cost of parisb properties as these are uAkuown.
Page 20

RC DIOCESE OF MOTHERWELL
Not¢s to the FlnAn¢ial StAtemeJ]ts
For the year eud¢d 31 De¢¢ttther 21125
12 Ffixed Asset Investments
2025
2024
Valuatlon
At l January 2Q25
lThvested during the year
C8pitsI withdrawll during the year
Surplusl(Defi¢it) oll revaluation
At 31 December 2025
12.056,858
20,666
(I,000,ooo>
409,716
11.540,244
18,493
498,121
11,487,240
I2 056 858
Cost at 31 December 2025
6 789,964
6.789,964
The above total is repr&sented by.
2025
2024
Listed investtnents
Catholic National Endowment Trust 4
Unlisted inve8tmellts
434,301
11.048,939
4.000
405,577
11.647,281
4.000
11,487.24D
12,056,858
Th¢ above assets are split between UK and non-UK iave5ts)Mit asyets as folloiv8'.
2025
2024
Investment 88sets inside the UK
Investsnent assets outside the UK
11,487,420
12,056,858
11,48 1,420
12,056,858
All invcstmcnts ar¢ ¢aEried 8t their fair value. The listed investm¢Dts ¢onsist of equities trnded in quotedpublic rnarkets,
primarily the tA)rLdon Stook Exehange and boldirt￿ in c¢)mmD investment fimd& UDit thists aDd open-¢nd¢d inv¢stment
compani¢s. Thr ljoldings in common investment fdnds, unit Intytg and opcn-¢nd¢d ithvestment eomp2ni¢s gr¢ at th¢ bid
pric¢. Th¢ basis of fair value for quoted inyesknents is cquiv41¢nt to mark¢t using the bid price.
The CatboLic National Endovrnient Tn& 4 is an uoligt¢d Unit trust which holds its fjjllds in irLVCStm¢nts ii51ed on a
r¢co8nisEd stock exchang¢. At 31 December 2025 the Diocese of.MotherweU bad OWDership of 42.150/0 of the totat
fund (2024.. 44.140/0). The cost of these inyestsnents at 31 Decetnber 202S was £5,445,392 (31 December 2024..
£6.445.392). This inv¢stwent 1$ r¢p&yabl¢ on dett￿id.
The investment has been uJad¢ prin-ipally to provide for the care of sick and relired priests in th¢ fvturt. Jlthough this
remains at the di5cretiOll of thc Tn￿￿5 of thE Dioeese of Moth¢rwcll.
13 Debtors
Total
2025
Total
2024
Curi
Parocbial
Pr¢payments &lld accrued incott
Pari$h loans
Due by Curial Office
1.340.153
2.990.165
16,024
1.356,177
2,990.165
8,704.152
455,319
5,249,647
9,010,002
8,704,152
4330318
8720,176
13,050,494
12774968
Th¢ due by the parishes ar¢ largely xti col￿e¢t10n vhitb parisb dev¢lopnKnts.
Due to the necessty to showp4rochia] and d1￿clan ￿ets and litibilitses separately. the amount stated abov¢ as a
diocesan debtor is also included L8 a paro¢hial creditor iu note 13 wui viee vm for a￿￿nts by th¢ Diw¢sc to th
parishts (see rt0￿ 14).
Page 21

RC DIOCESE OF MOTHERWELL
Notes to the FinaD¢i81 Statements
For the yeAr ended JI December 2025
14 Creditors falUnE due wltldll otte year
Totsl
2025
Total
2024
Parochial
Ac¢rual$
Parish lo￿9
Taxation and soci81 seeurity
Other ¢r¢ditors
492.892
371,044
2,990.165
863.936
2,990.165
18.430
28,022
943,672
3,249,647
15,740
28.822
18,430
28,022
539,344
3,361,209
3 900 55J
4.227,8R I
15 Creditors falllDg due &ftsr more than one ve
To¢&1
2D25
Total
2024
Curi
Par￿￿la1
Par0clh￿ tnvesttnent Fut
Pastoral Aid Fund
8.447.922
256,230
8,447.922
256,230
8.57A,751
498,251
8.704,152
8 704,152
9,070 002
The P￿0chIdI Investment Fund rep[￿ellts ￿￿11¢5 dcposited wftth the Diocese by the parisbes. Investinu pari5h¢s
rcceive interest at a rate of1.50A. Loans (See note 13) mhde aNailable at a low interest rate to parishcs wishing to
embark on major bLLildAng or repair work. The renJaillKng finds are invested centrallyby the Diocese.
Th¢ P&stottl Aid Fuud represents n]olli¢s d¢posited wttb the Dioc¢s¢ byth¢ parishes to meet50LII¢ Df the income needs
of pAriybes in poo￿ arw. Illvesting P8Ti5h¢s receiye ittterest it a rdte of1.50/.. The DicKese invests Ihe total fijnd
eentrally th¢ surpluses created 8ff distributed to needy parishes.
16 Provlslon for Jlgbilitiu and ctsargeg
2025
2024
Proyisiorn for sensitive clain
25,000
25,000
Potential claims have been llkid¢ against the Diocese relating to alleged abuse. Althou￿ th¢r¢ is inswance cover in
place, WAY dan]ages or costs in ex¢¢ss of the policy lin￿twill necd to be met b> the Dioce8e. Based on discussion5 Math
the charitys itw]r¢tE, proYi8ion for £25.000 bas been made to rn￿t thcse cla1t￿.
17 AnAlysis of charltable fund$
(4) Curiil Unrestricted FuDd5
Revalu&tionl
Ai l Jaouary Ineoming
RfsouTces
Initestmet>t
2025
R￿OurCeS EXp￿ded Ga]￿,005st$) Transfers
At 31 Decemb¢r
2025
General Fund
Rev21uation reserve .
2,443.730
342,456
2,786,192
211.455 (1,857,575)
195.475
1,867,499
(7,137)
1,860 362
2.860,590
335,319
3 195 909
Unrestrioted fill￿5
211455 11857575
195 475
De5criptioA of Fundi
The general fund is the surplus of gen¢ral Incon￿ over gcncrdl exp¢nditure and is available for any of th¢ pury)tsse$ o".
the charity. Thc revaluation reserve represents the incTease or d￿reasE ITh V￿tse of the eurial properties. The prop¢rtics
e professionalty valued every five years.
Page 22

RC DIOCESE OF MOTHERWELL
Note$ to the Fin&neial Statements
For tlie yeAr ended 31 December 2025
17 Analysls of charftsble Iunds
(b) Curi41 Designated FuDds
At l January In¢otnillg'
R&￿￿rC¢S
Inves¢ment
2025
Resources Expeniicd Gainsl(Losses) Transf6rs
At 31 December
2025
CNET 4
6,212 552
214241
6.426 793
Descrlptlon of Funds
Desi£nated Fullds are monies set asid¢ by the Trustees for aparticular purposè.
CNEf4- A5 described in note 12, this fund 5¢t up prill¢ipally to prfjvide for the ¢are of sick aud rellred priests
ill th¢ futur¢, atthoug:i this rcmain5 at th- discretion of the Tnw¢¢o of the Diocese of Mothenvell. The.fjJud 15
rq)resent¢d by illv&¥trnent Ttt property a￿1 sbare portfolios.
(¢) Cnri*l Restricted Funds
At l Jauuary
2025
Inconiing
Resources
Resources InY¢sL￿Cnt
Expeuded
tA)sses
At 31 Decembcr
2025
T[￿sferS
St PatricEs LeTry fi￿d
Cathedral organ fijlld
489,651
10,334
(l E4,186)
375,465
10,447
113
(114.1
385 912
De$¢riptlon of
Restricted funds can only be used for parti¢ulaT r￿rIcted purposes Within the objects of the eharity. Restrictions arise
when specified by the donor or when fimds are ratsed for partieular restricted purposes.
The St Patrick's ￿.¥Y fi￿d set up by the parish of St Patricvs. Coatbridg¢ to ￿SISta￿Y P8ri8h¢s uperi¢nctng
dItTiculti￿ in paying th¢ir l¢Try ovcr thc ￿￿t few ycars.
The Cathedral Orgall fund been setup for the n￿i￿tellInGe awl upkc¢p ofthc c4th¢dral organ.
(d) Parlsh Restrteted Funds
At l January IDcomitig
2025
ResowKs EKp¢nded
At 31 Deoemb¢r
2025
Trdnsfers
Parochial restricted fi￿dS
22 309,232
9 839.141 (8.863,£69
1501,67
21783,128
Description of
The parishes of the Dioces- of Motherwell are estsblished and operate under the Code of CallDn IAwof the RollwL
Catholir Chur¢h wbich gives them separate cattonical Sta￿S. Therefore each parish hhs been treated as a separate
r¢8tri¢Éed fi￿d within th&8e fioancial statements. The parish fimds are ad￿1n15ttTtd by the parish priestswith guidau¢e
from th¢ Curial Office, and are used to further the wotk of the Ch￿￿ts itt lo¢￿ 8reL8 and tr> 8￿pOrt the work of the
Cwi&.
Page 23

RC DIOCESE OF MOTHERWELL
Notes to the FlnAncial Ststements
For tbe year ended 31 December 2025
18 Tran5fer$ betweeD Fund$- IAVY *nd Speelal Colle¢tioD$
The tr￿sfer of funds of Levy Bnd Speci81 Collcctions fromparishes to the Diocese compis¢d the followillg:
2025
2024
Levy
1,496 044
1,476.103
Special Colle¢tLons:
Communications
Day for Life
St Margaret's Children 8nd Faulily Care
Justiee arLd Feace
Holy Placeg
Pet¢es Pence
Lenten Appe
Ecclesiastical Studettts, Fund
Swdentsiretired pri¢$ts btsxes
Catholic Edue&tioD Cornmission
31,196
28,826
19,455
34,239
45,364
37,250
45,432
38,777
27,199
30,626
17,014
34,227
43,341
34,488
44,448
36,483
40
33,597
35,105
315.644
l 811,688
301,463
1,777 566
Total
19 Other tron$fers between fllllds
Other transfrrs from the paTi5hcs to the Diocw¢ wer¢ 2$ follows:
2025
2024
Parish lo&n itiierest
Maintcnallce costs
17,590
579
14,591
540
Transfers from the Dioca8e to the parishe5 wcrc as follows:
2025
2024
Parochial Investment Fund illteEest
Pastoral Aid Fund interest
Clergy accomrllodation ￿lOWanc￿l
Spred rent
Poor Clare's rcnt
Fontes Magazine contribution
PAF dO￿tiOnS
St Patrick's levy fLU
126,739
5,996
55,460
9,000
16,8(10
98,842
7.030
49,522
7,000
9,516
5,000
128,562
114,186
328 181
30i,472
TotAi
310 012
290 341
20 Analysls of Net Assets betweert Funds
Unrestricted
Funds
R¥tricted
Funds
Designated
Funds
Tangible ￿￿ed asscts.
Investrnents
Cash at bank and ill halld
Other tjct current assets/lliabilities)
1.735.493
5,060,447
1738,147
(4,938,178}
3 195 909 22,169,040
10,465,368
6,426,793
6,344.705
5.358,967
6,426,793
Page 24

RC DIOCESE OF moTH￿RWELL
Notes to the Financial Statelnents
For the year ended JI Dece￿￿er 2025
21 Re¢onciliatloll of net move]nellt In fllrtds to.net cssb liows from operattng aetlvities
Total
2025
Total
2024
Curial..
.P#nKhi8]'
Net movement in fi￿d8
Adjustments for..
Interest reeeived
Dividends re¢¢ived
Rent received
Deprecif4tion chL￿g¢S
Provision for sensitr.ve claim5
(Gainllios5 on disposAI of a&s¢ts
Net gains on itivestmerlts
Decre&4e in debtors
(De¢re&se)Iltt¢r¢as¢ in crcditors
(99E.791)
975.572
(16,219)
(785.674)
(42,830)
(265,166)
{16.312)
42279
(174,710
(217.546)
{265,16
(154,490)
264.616
(194,165)
(261,893)
(123,256)
264,245
{138.178)
222,337
(248,756)
(248,7561
{409.716)
(275,526)
(703,178)
{218,757)
(498,121)
423,485
168,9401
(409,7L6)
{662.020)
(41.568).
386.494
.{661,610)
Net cA$b used operating activltleg
2,387.124
361143
2,025 981
1463 076
22 Cash flow$ from inYe3tlng activitlej
Total
2025
Total
2024
Curial
Parochial
Interest received
DIvid￿d5 ￿￿]V¢a
R¢nt r¢cetv¢d
Paiinents to 8CqUiT¢ fixed asset iovestll*nts
PaJTrents to acquite t&￿ble fixed a58¢15
Recetpts frotn sales of tangible fixed assets
42.830
265,166
16,312
(20.666)
(l J98)
174.716
217.546
265.166
154,490
(20,666)
(1,398)
1,118,198
194.165
261.893
123,256
(18,493)
(13,553)
708,757
138.178
1,118.198
02244
1,431,092
2,733 336
1256,025
23 AnAlysl8 of cagb and eash equfvxients
At l January
2025
At 31 Decea]ber
2025
Flows
Curial Funds
Cash at bank
Bank overdrali8
1.307263
416,796
1,724,059
1,307263
416,796
1.724 059
P#rothial Fulld$
Cash at ba]Jk
5,668,234
290.559
5,958,793
TotAI Fund$
6.975,497
707,355
7 682 852
24 Pensions
The Diocese op¢ratcs defined wlltribution schullcs for the benefji of C￿Ill Curi81 Office employees. Th¢ assets of the
scheme are administered by t￿Ste￿ in funds indep¢lld¢nt from those of the Dio¢ese,
25 Cspltal Commitments
There wer¢ no wiprovid¢d ¢apital coromitumts at 31 De¢ember 2025 or 31 Dettmber 2024.
Page 25